asked 3.6k views
3 votes
Which explains how merchants such as Levi Strauss became wealthy during the California Gold Rush?

A.
Miners had no paper money so they used gold nuggets to pay for goods.

B.
Merchants ran their stores at night and panned for gold during the day.

C.
Government taxes and regulations forced competitors out of business.

D.
Demand for items in short supply allowed merchants to charge high prices.

asked
User Jwal
by
8.5k points

2 Answers

4 votes

D.

Demand for items in short supply allowed merchants to charge high prices.

Good luck, hope I helped. Sorry if I'm wrong

~Animaljamissofab ♥

answered
User Jalayn
by
7.9k points
2 votes
"Demand for items in short supply allowed merchants to charge high prices" is the best explanation as to how merchants such as Levi Strauss became wealthy during the California Gold Rush.
answered
User GHZ
by
8.1k points
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